SYSPRO Smarter ERP

JUNE 6, 2022

In today’s business world, the success of a firm depends not only on its sales but also on the ability to manage its supply network and ensure it has the inventory it needs to deliver customer orders. There are ways to manage a supply chain amid disruptions but they require changes in the way the business works.

Inventory Reduction 119

Inventory Reduction Optimal Sourcing Inventory Modeling 119

Logistics Viewpoints

MARCH 27, 2023

As demand forecasting accuracy increases, and the standard deviation associated with the forecast decreases, the need to hold “just in case” inventory also goes down. This leads to lower inventory carrying costs and thus better case flow. Demand forecasting should be tightly integrated to an inventory optimization application.

Forecasting 206

Forecasting Forecasting Software Modeling Optimal Sourcing 206

Supply Chain Shaman

MAY 21, 2024

Operating margin, inventory turns, and revenue/employee translates to over 50% of market capitalization based on the regression analysis. The data sourced from Y charts was charted by Regina Denman and shared with the statistics department at Georgia Tech. The rest of the hierarchy supports the delivery of value.

Procurement Analytics 347

Procurement Analytics Metrics Optimal Sourcing Supply Chain Planning Software 347

Supply Chain Shaman

MARCH 9, 2020

Before boarding the plane, I watched a traveler pull a diet Coke from the bin and thought about the struggle to source sweetener with the rise of COV-19. As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods.

Supply Chain Design Software 309

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 309

ToolsGroup

MAY 14, 2019

A key factor was Optilon’s ability to integrate best-of-breed solutions for production planning, demand forecasting, inventory optimization, and replenishment into a seamless process. That’s also allowing Absolut to keep its production, from sourcing materials to distilling and bottling, anchored in a small corner of southern Sweden.”

Optimal Sourcing 120

Optimal Sourcing Inventory Reduction Modeling Supply Chain Planning Software 120

Supply Chain Shaman

AUGUST 7, 2019

” Or alternatively, “Is there data that could be sourced to help?” In Figure 1, we show the aggregate trend of the chemical industry in an orbit chart format showing year-over-year results at the intersection of two metrics operating margin and inventory turns. inventory turns. Low volume inconsistent demand.

Supply Chain Design Software 253

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 253

SYSPRO Smarter ERP

FEBRUARY 2, 2022

Manufacturers have incurred significant financial losses due to supply chain disruptions and the subsequent inventory management challenges. Companies struggling to manage their supply chains often lack data for decision making, have siloed systems and inefficient inventory management practices. Tracking issues.

Manufacturing Procurement 105

Manufacturing Procurement Inventory Management Software Inventory Management Inventory Reduction 105

Logistics Viewpoints

MAY 30, 2022

Then Jabil handles the sourcing and manufacturing of those products. They are sourcing from over 27,000 suppliers. She worked as a production planner, a master planner, a demand planner, and inventory manager, before leading a team of demand planners in 2015. They had over 100 days of inventory on hand.

Supply and Demand 46

Supply and Demand Supply Chain Planning Software Scenario Planning Supply Chain Design Software 46

Kinaxis

MARCH 25, 2015

by Alexa Cheater Our partner Celestica recently published the following article, ‘ Is your company being held hostage by poor inventory performance? ’ Poor inventory performance can create a significant obstacle to growth and profitability. Visibility allows you to see precisely how much inventory you have and where.

Optimal Sourcing 100

Optimal Sourcing Inventory Reduction Modeling Inventory 100

Kinaxis

AUGUST 29, 2014

With China already a source for semiconductor raw materials and the China/India end consumer market growing, there will be pressure to supply chips and hard drives to local China/India OEM’s first. Understanding inventory planning will take on a new dynamic. This could create a shortage in the US/Europe OEM chain.

Metrics 171

Metrics Supply Chain Planning Software Manufacturing Procurement Thailand 171

Supply Chain Shaman

JANUARY 2, 2023

With the evolution of NoSQL–Graph and Cognitive Ontological learning–models can now manage multiple data sources as inputs while driving a forecast to multiple roles simultaneously in role-based views. Water buffalo butting heads symbolize the organizational issues of demand planning. Demand is a tough subject.

Supply and Demand 373

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 373

Logistics Viewpoints

SEPTEMBER 13, 2023

Companies are sourcing materials from all over the world, and need to identify those regions which are most important, and which provide the greatest risk for disruptions. Teams need a single source of the truth that creates a seamless workflow, enabling immediate action.

Real-time Visibility 277

Real-time Visibility Supply Chain Planning Software Waste Reduction Supply Chain Network Software 277

Logility

SEPTEMBER 3, 2021

Demand Management, Inc. delivers affordable, easy-to-use supply chain planning solutions designed to increase forecast accuracy, improve customer service and reduce inventory to maximize profits and lower costs. New Generation Computing, Inc.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Optimization Software Analytics Software 130

Logility

JANUARY 13, 2022

Demand Management, Inc. delivers affordable, easy-to-use supply chain planning solutions designed to increase forecast accuracy, improve customer service and reduce inventory to maximize profits and lower costs. Customers of New Generation Computing, Inc.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Optimization Software Demand Planning Software 130

Logility

NOVEMBER 4, 2021

Demand Management, Inc. delivers affordable, easy-to-use supply chain planning solutions designed to increase forecast accuracy, improve customer service and reduce inventory to maximize profits and lower costs. Customers of New Generation Computing, Inc.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Optimization Software Demand Planning Software 130

ToolsGroup

JUNE 6, 2022

Solutions enable real-time inventory availability and fulfillment optimization for retailers. BOSTON—June 7, 2022 — ToolsGroup , a global leader in supply chain planning and optimization software, today announced its acquisition of Onera, a provider of real-time inventory availability and fulfillment software solutions to retailers.

Supply Chain Planning Software 156

Supply Chain Planning Software ToolsGroup Optimization Software Demand Planning Software 156

Logistics Viewpoints

JUNE 7, 2021

When companies implement a demand management or replenishment system, the goal is usually to improve customer satisfaction while holding less inventory. The bulk business also involves filling the tanks of businesses that use propane as an energy source. Pinnacle Propane Delivery to a Farm.

Forecasting 178

Forecasting Forecasting Software Modeling Optimal Sourcing 178

Supply Chain Shaman

OCTOBER 8, 2017

If we look back at history, 70% of companies implemented Vendor Managed Inventory (VMI), however two-decades later only 1% of companies use VMI processes to drive a better demand signal. I do believe in demand planning, but most companies overstate forecast improvements. Here I share my world view. Everyone has a bias.

Supply and Demand 157

Supply and Demand Supply Chain Design Software Supply Chain Planning Software Forecasting Software 157

Supply Chain Shaman

NOVEMBER 12, 2018

Companies that are good at demand management understand the need for design–form & function of inventory and push/pull decoupling points –and the orchestration of demand to make better decisions in sourcing, transportation and delivery. Orders are not a good representation of demand.

Supply and Demand 170

Supply and Demand Modeling Inventory Reduction Manufacturing Procurement 170

Supply Chain Shaman

JUNE 15, 2018

The field of supply chain management–combining source, make and deliver–into a common process started in 1982. My caution is not so fast… 95% of companies are not making progress at the intersection of growth, operating margin, inventory turns and asset strategies. The evolution sprung from chaos. I was wrong.

Sourcing Strategies 150

Sourcing Strategies Supply Chain Planning Software Inventory Reduction Modeling Software 150

ToolsGroup

OCTOBER 24, 2017

Source: The Enterprise System Spectator. In recent months four experts have weighed in on Demand Driven Material Requirements Planning (DDMRP). However, she disagrees with DDMRP’s principles of forecasting and the use of demand sensing technologies. He is a great thinker on inventory planning and demand management.”

Supply Chain Planning Software 185

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Scenario Planning 185

ModusLink Corporation

SEPTEMBER 7, 2023

Inventory Management Introduction: In the rapidly evolving tech industry, maintaining optimal inventory management practices is crucial for sustained growth and competitiveness. This blog delves into industry-leading inventory management best practices.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

Introduction: In the rapidly evolving tech industry, maintaining optimal inventory management practices is crucial for sustained growth and competitiveness. This blog delves into industry-leading inventory management best practices. It involves receiving, tracking, and efficiently storing these products.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

Introduction: In the rapidly evolving tech industry, maintaining optimal inventory management practices is crucial for sustained growth and competitiveness. This blog delves into industry-leading inventory management best practices. It involves receiving, tracking, and efficiently storing these products.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

Vanguard Software

JUNE 22, 2021

In addition, 2020 illuminated the poor outcomes resulting from history-based forecasting, which relied too heavily on pure statistics and did not consider enough market insights and additional data sources. Ken Miller, Director of Inventory, Fountain Tire. Connected Planning Drives Demand Management and Supply Chain Resiliency.

Modeling 52

Modeling Supply and Demand Supply Chain Planning Software Demand Management 52

Supply Chain Shaman

JUNE 21, 2023

We find that the companies with the most marked improvement in a balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) are smaller and less well-known. With the increase in product complexity, many companies have demand latency longer than supplier lead time.

Gartner 361

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 361

Supply Chain Shaman

NOVEMBER 21, 2018

Forecast Value-Added (FVA) is a measurement of demand management improvement. If the carrier does not accept the freight, the manufacturer loses time in moving the freight and is often forced to go to the open market to source freight. Inventory levels? Slow and obsolete inventory? 2) Forecast Value Added.

Supply Chain Planning Software 202

Supply Chain Planning Software Forecasting Software Supply Chain Planning Demand Planning Software 202

Logility

JULY 21, 2023

Companies find themselves struggling to serve customers, source materials, manage costs, handle supply constraints and shortages and, above all, gain visibility into what’s next. The latest generation of sales and operations planning (S&OP) applications are providing better tools for managing supply chains internally.

S&OP 195

S&OP Supply Chain Design Software Supply Chain Planning Software Supply and Demand 195

Logility

FEBRUARY 18, 2020

Demand Planning applications rely on a series of algorithms to take historical shipment data and turn it into a forecast. In a demand management application, the system is continuously monitoring forecasting accuracy. Planners gain real-time visibility into inventory at rest and in motion. Why the slow uptake?

Supply Chain Planning Software 182

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply and Demand 182

ToolsGroup

OCTOBER 17, 2017

They vastly improve predictive capabilities by deriving insights from huge and diverse data sources including social feeds , weather forecasts and peer reviews. Click below for a podcast with ideas on how to start leveraging AI for demand management and supply chain planning. Be careful not to wait.

Supply Chain Planning Software 180

Supply Chain Planning Software Supply Chain Planning Gartner Supply Chain Software 180

Supply Chain Shaman

JANUARY 29, 2018

It is a privately-held textile company that successfully navigated the global sourcing/labor arbitrage mania of the last decade and managed to maintain a significant presence in the United States. For him this meant growing top-line revenue with less supply chain inventory. 2X longer than demand planning.) had a goal.

Supply Chain Planning Software 75

Supply Chain Planning Software Modeling Supply Chain Design Software Modeling Software 75

Logility

AUGUST 16, 2022

“We benefited greatly from the industry expertise at Logility and from their local implementation partner Demand Management Systems. To achieve its growth goals, iNova needed to unify and synchronize its strategy for supply and demand planning, sales and operations planning (S&OP), and inventory management.

Supply Chain Planning Software 130

Supply Chain Planning Software Logility Supply Chain Design Software Prescriptive Analytics Software 130

Logistics Viewpoints

MAY 17, 2021

The company combines domestic manufacturing with global sourcing. The inventory that needs to be held for an e-tailer is based on the forecast. Based on the retailer’s forecast, inventory needs to be held to meet the expected sales. This better forecasting allows NBG to hold less inventory per sale.

Demand Planning Software 173

Demand Planning Software Modeling Supply and Demand Forecasting 173

Supply Chain Opz

JUNE 1, 2014

There are two things Boeing and Airbus have in common, utilization of lean manufacturing system and strategic sourcing concept. However, the overall implementation of strategic sourcing is a bit different between the two companies. The answer is that they use the multi-echelon inventory model to solve the problem.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

Supply Chain Shaman

JANUARY 29, 2018

It is a privately-held textile company that successfully navigated the global sourcing/labor arbitrage mania of the last decade and managed to maintain a significant presence in the United States. For him, this meant growing top-line revenue with less supply chain inventory. 2X longer than demand planning.) had a goal.

Supply Chain Planning Software 0

Supply Chain Planning Software Scenario Planning Supply Chain Planning Modeling 0

Supply Chain Shaman

NOVEMBER 27, 2017

A significant source of revenue for the company is maintenance renewals. Prior acquisitions include: Demand Management, (often termed Demand Solutions) supply chain planning for mid-market, 2004 for $9.5M Optiant, inventory optimization, 2010, $3.3M In general, solution innovation lags the industry.

Logility 60

Logility Supply Chain Planning Software Supply Chain Design Software Analytics Software 60

ToolsGroup

JULY 26, 2016

The problem is even more acute with long-tail items , where demand can range from less than half to more than twice the original forecast. They don’t know how to segregate, forecast or inventory these “extreme error” items. Even the UK’s National Health Service (NHS) is now gathering blood demand data from downstream hospitals.

Forecasting 120

Forecasting Supply and Demand Optimal Sourcing Inventory Reduction 120